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European Xbox 360 price cuts are now the real deal. The 360 Arcade is now just €199.99 / £159.99, while the Premium drops €80 / £50 to €269.99 / £199.99 and the Elite comes down €80 / £40 to €369.99 / £259.99.

TrustedReviews is now reporting that the 20GB hard drive in the standard Xbox 360 model is about to get the boot in favor of a more spacious 60GB one. That apparently comes from a “rock solid source,” who says that they (Microsoft)want it out the door by the end of its financial year, which comes at the end of June.

Also they go into a bit of speculation, saying that Microsoft is going to make” a model with a built-in Blu-ray drive would seem to be “the most logical conclusion,” although they say an external drive “makes sense too.” While that possibility obviously remains up in the air, TrustedReviews is about as confident as can be with the 60GB Xbox 360 news, saying that you can take it to the bank.

This just in: The Xbox 360 HD DVD Player price has dropped from $179.99 to $129.99 (U.S. MSRP.) This new price is effective immediately in the United States, Canada, Australia and New Zealand. Combine the new price with the 5 free HD DVD offer and it’s a pretty good deal.

—–> ?

With the announcement of Warner Bros going Blu-Ray and murmurings of Paramount going the same way, Microsoft has revealed that should the tide turn towards Sony’s technology it would consider supporting the Blu-ray with the Xbox 360. (Duh!)

Microsoft has previously aligned themselves to Toshiba’s technology, offering an HD-DVD add-on for the Xbox 360. So this means its R.I.P for the built-in HD DVD drive?

More and More blows to the HD DVD side….. Could this be the final call?